Westminster, CO—80021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westminster, CO
As of Oct '25, the median home price in Westminster, CO is $552,000, with a year-over-year change of -3.0%. This indicates that home prices in Westminster, CO are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $552,000 | -3.0% |
| Single Family | $561,000 | -2.8% |
| Condos | $379,000 | -5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $300,000 | -4.5% |
2 Bed | $456,000 | -3.6% |
3 Bed | $529,000 | -3.1% |
4 Bed | $611,000 | -2.7% |
| 5 Bed | $718,000 | -2.6% |
% of Housing Stock
Rental Trends — Westminster, CO
As of July '25, Rentcast reports the average rent in Westminster, CO is $2,350, with a year-over-year rent change of 11.9%. Per bedroom, the median rent as of July '25 in Westminster, CO is studios: $1,530, 1-bedrooms: $1,670, 2-bedrooms: $2,140, 3-bedrooms: $2,860, 4-bedrooms: $3,090. The most common rental property sizes in Westminster, CO are 2-bedroom and 1-bedroom, accounting for 43.3% and 38.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,350 |
| Studio Rent | $1,500 | $1,530 |
| 1 Bed Rent | $1,590 | $1,670 |
| 2 Bed Rent | $1,900 | $2,140 |
| 3 Bed Rent | $2,860 | $2,860 |
| 4 Bed Rent | $3,000 | $3,090 |
% of Rental Stock
Property Listings — Westminster, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Westminster, CO is 45. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 51.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $570,000 | 1.0% |
Listing Count | 91 | 30.0% |
| Listings as % of Homes | 0.2% | 30.0% |
Days on Market | 45 | 19.0% |
Demographics — Westminster, CO
As of the latest ACS Survey released in 2023, Westminster, CO has a population of 35,600, which has increased by 5.4% over the past 5 years. Westminster, CO is a less popular place for families, as children make up 14.9% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,600 | 5.4% |
% Under 18 | 14.9% | -17.7% |
% Seniors | 13.4% | 12.6% |
% WFH | 20.4% | 187.3% |
% w/ College Degree | 53.3% | 17.1% |
As of the latest ACS Survey released in 2023, Westminster, CO is a predominantly white area, with 77.8% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Westminster, CO is hispanic, making up 12.9% of the population. Foreign-born residents account for 6.8% of the population in Westminster, CO, and this percentage has increased by 1.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.8% | 1.3% |
% Black | 1.1% | -26.7% |
% Hispanic | 12.9% | 7.5% |
% Asian | 3.9% | -38.1% |
% Foreign Born | 6.8% | 1.5% |
Mortgage and Risk — Westminster, CO
According to HUD data as of 2023, there were 43 mortgage originations in Westminster, CO, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Westminster, CO. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Westminster, CO
As of 2024, the percent of homes in Westminster, CO under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Westminster, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 134 |
Total Units Section 8 | 134 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $1,590 | $2,060 |
| 2 Bedroom | $560 | $1,900 | $2,460 |
| 3 Bedroom | $350 | $2,860 | $3,210 |
| 4 Bedroom | $590 | $3,000 | $3,590 |
Affordability — Westminster, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $552,000 |
| Median Household Income | $106,000 |